Economy, Business And Markets
0

TEDPIX, IFX End 1st Iranian Month With Strong Gains

TEDPIX, IFX End 1st Iranian Month With Strong GainsTEDPIX, IFX End 1st Iranian Month With Strong Gains, TEDPIX, IFX End 1st Iranian Month With Strong Gains

Tehran Stock Exchange’s main index TEDPIX gained 1,421.4 points or 1.84% during the first month of the new Iranian year (March 21-April 20) to end at 78,651.4.

The over-the-counter Iran Fara Bourse’s main index, IFX, scored 32.78 points or 3.6% to close the month at 907.78.

TSE and IFB trading opened in the new Iranian year on March 25.

Over 62.18 billion shares valued at $990.06 million were traded at TSE, with the number of traded shares rising 73.2% and monthly trade value dropping 115% compared to the previous month.

TSE’s First Market Index gained 353.6 points or 0.6% during the month to stand at 54,929.9. The Second Market Index added 5,111 points or 3% to reach 172,393.

At IFB, more than 5.66 billion securities valued at $637.33 million were traded, indicating a 21.7% and 53.4% drop in number of shares traded and trade value respectively.

More than 722 million securities worth $41.7 million were traded in IFB’s First Market, registering a 52.1% and 51.49% decline in the number of traded shares and trade value respectively.

Over 2.55 billion securities valued at $162.81 million changed hands in the Second Market, registering a 14.3% growth in traded shares and 46% downturn in trade value month-on-month.

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com